Advertise with Us

December 2017

Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at mi@fibre2fashion.com in case you need any other additional information.

Gross margin of PTA spot was as high as 2,000 Yuan per ton in the first quarter this year. However, they have gradually declined since then.

As of last weekend, Asian PX fell US $11 to US $1345-1346 / ton (FOB Korea) and MX of heterogeneous class fell US $20 to US $1141-1142 / ton (FOB Korea).

The spread between PX and MX too fell to US $204 / ton.

Production cost of PTA is 8,060 Yuan / ton in terms of estimation of PX prices in Asia. PTA spot price fell to 9,000 Yuan / ton in Jiangsu and Zhejiang last Friday, so gross profit of PTA spot has declined to about 940 Yuan / ton in Jiangsu and Zhejiang provinces.